Dairy Farm Walk residential site launched for sale
A household location at Dairy Farm Walk has recently been commenced up for sale by means of free offer, revealed the Urban Redevelopment Authority on Thursday 21Oct.
With a land area of 15thousand 6hundred 63 sq m, the site has an optimum gross floor area of 32thousand 8hundred 93 sq metre and also is presumed to provide nearly Three hundred Eighty Five home units.
The 99-year rent term plot chances beneath the Verified Record of the second half ’21 GLS prog.
It features a peak construction altitude of Eighty Five meter SHD around the medium-rise zone also Sixty Nine meter SGP height datum in the low-rise zone.
This signifies oriented north units on elevated floors would appreciate unobstructed scenery of the Chestnut Ave Good Class Bungalow location, while at the same time south-facing units on elevated levels would be looking greenery, mentioned Huttons Asia.
It forecasts the site to bring in eager attraction, granted the encouraging view out there, developers eagerness at replenishing land institution, limited new inventory inside the vicinity and many other desirable locational traits.
“It might entice up to 8 investors furthermore a high bid of amongst $900 and also $One thousand per square feet ppr,” announced Huttons.
The plot is cuddled amongst a peaceful enclave alongside nature, approximately 10 mins’ stroll to Hillview train station. It is at the same time available through major routes and also expressways like Upp Bukit Timah Road, BKE and also PIE.
Nearby colleges consist of German European School Singapore and CHIJ Our Lady Queen of Peace.
The tender for the spot ceases on 8March’22. Its tender ending will be batched with the Housing and Development Board Exec Condominium site at Bt Batok West Ave 8, established for release at Dec2K21 beneath the Verified Listing of 2H 2021 GLS Prog.